Raymond James Financial Inc. Makes New Investment in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Raymond James Financial Inc. acquired a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 996,522 shares of the company’s stock, valued at approximately $126,309,000. Raymond James Financial Inc. owned approximately 0.77% of iShares Russell Mid-Cap Growth ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in IWP. Strategic Financial Concepts LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 12,202.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 723,865 shares of the company’s stock worth $91,750,000 after buying an additional 717,981 shares in the last quarter. First Citizens Bank & Trust Co. lifted its holdings in iShares Russell Mid-Cap Growth ETF by 25.6% in the 4th quarter. First Citizens Bank & Trust Co. now owns 1,791,302 shares of the company’s stock worth $227,048,000 after buying an additional 365,602 shares in the last quarter. Congress Asset Management Co. lifted its holdings in iShares Russell Mid-Cap Growth ETF by 86.8% in the 4th quarter. Congress Asset Management Co. now owns 687,453 shares of the company’s stock worth $87,135,000 after buying an additional 319,368 shares in the last quarter. Wellington Management Group LLP lifted its holdings in iShares Russell Mid-Cap Growth ETF by 156.5% in the 3rd quarter. Wellington Management Group LLP now owns 521,898 shares of the company’s stock worth $61,213,000 after buying an additional 318,410 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in iShares Russell Mid-Cap Growth ETF by 196,770.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 250,026 shares of the company’s stock worth $29,326,000 after buying an additional 249,899 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $121.54 on Friday. The firm has a market cap of $16.68 billion, a PE ratio of 28.98 and a beta of 1.16. The firm’s 50-day simple moving average is $131.64 and its 200-day simple moving average is $126.08. iShares Russell Mid-Cap Growth ETF has a 1 year low of $101.12 and a 1 year high of $139.68.

About iShares Russell Mid-Cap Growth ETF

iShares Russell Mid-Cap Growth ETF, formerly iShares Russell Midcap Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index).